Tag Archives: AA News

The integration comes on the heels of coin mixers drawing heat from the Western countries that have imposed sanctions to cripple Russia’s economy and penalize President Vladimir Putin, high-ranking officials, as well as individuals who have benefited from his regime. As per the official tweet, the move aims to block sanctioned addresses by the US financial intelligence and enforcement agency, the Office of Foreign Assets Control (OFAC), from accessing the decentralized...

In a letter addressed to MicroStrategy’s stockholders on Thursday, the company’s CEO Micheal Saylor doubled down on his conviction of continuing its years-long bitcoin buying spree. The paper aimed to pave the foundation for the Annual Meeting of Stockholders scheduled on May 22nd, 2022. The CEO also promised that MicroStrategy, the publicly traded company with the most number of bitcoin holdings, would continue to buy more BTC and provide its software intelligence services...

Nessa Risley, an Uniswap user from North Carolina, invested about $10,400 on low-cap digital tokens such as EthereumMax, Matrix Samurai, and Rocket Bunny between May and July of last year. The trader has since experienced “substantial losses” and thus sought justice through legal action. On April 4, Risley launched the legal proceedings, alleging that Uniswap has failed to conduct identity checks and impose securities restrictions on “fraudsters” who use the platform to list...

Once considered an attractive country for Chinese Bitcoin miners after the country’s crackdown on any BTC mining activity, Kazakhstan now seems to be set to creating new taxes that will negatively impact the industry. On April 14, the Minister of National Economy, Alibek Kuantyrov, said in a government briefing that his team is working on a tax plan that would link tax payments to the valuation of the mined tokens. According to Kuantyrov’s statement, first reported by...

Coin Center has vehemently pushed back the controversial SEC proposal that sought to redefine the definition of “exchange” within the Securities Exchange Act in a bid to “include systems that offer the use of non-firm trading interest and communications protocols to bring together buyers and sellers of securities.” The group deemed the regulator’s move as “unconstitutional.” The Washington-based non-profit that focuses on cryptocurrency policies, Coin Center, announced filing...

Curtis Ting – former FBI agent and current Senior Director at the crypto exchange Kraken – warned investors to be utterly cautious when trading digital assets because the space is full of scammers. In his view, “there’s a special place in hell reserved” for such criminals who try to steal from the vulnerable and the elderly. If Hell Exists, Crypto Fraudsters Should Go There People wanting to hop on the cryptocurrency bandwagon should know that the space is rammed with...

The United Arab Emirates national carrier has announced that it will be launching collectible and utility-based NFTs, with the first project already underway. In an announcement on April 14, Emirates stated that it will be launching NFTs and “exciting experiences in the Metaverse” for its customers and employees. Sheikh Ahmed Al Maktoum, Emirates Chairman and Chief Executive, said that the region was already a leader in the digital economy: “Dubai and the UAE are blazing the...

Banco de Portugal (the nation’s central banking institution) has reportedly approved Bison Bank to start offering cryptocurrency services to clients. To do so, the latter will create a subsidiary called Bison Digital Assets, which will operate in the “virtual asset custody and exchange business.” Bison Bank Leads the Way According to the local coverage, Bison Bank became the first monetary organization authorized by the Central Bank to provide cryptocurrency trading...

The theft of $620 million in cryptocurrency, related to the bridge hack against the Ronin Network on March 23th, is the latest cybercrime committed by Pyongyang to fund its domestic programs, claimed the FBI. North Korea Responsible for the Ronin Network Hack The FBI issued a statement on Thursday, indicating that cyber actors APT38, also known as Lazarus Group, associated with the Democratic People’s Republic of Korea (DPRK), are responsible for attacking the Ronin Bridge,...

PlanB, the creator of the bitcoin Stock-to-Flow (S2F) model, implied that only a black-swan incident could drag the price of Bitcoin down to $24,500. The anonymous Twitter pseudonym in the past has missed Bitcoin’s price predictions on some occasions, but his bullishness on the asset still remains intact, asserting that it could reach $100K at the end of the year. The bitcoin analyst with over 1.7 million followers on Twitter said in a tweet that he doesn’t see a reason that...